Cost of Living Comparison Between Toronto and New York, NY 
| Indices Difference |  |
|---|---|
| Consumer Prices in New York, NY are 49.8% higher than in Toronto (without rent) | |
| Consumer Prices Including Rent in New York, NY are 76.2% higher than in Toronto | |
| Rent Prices in New York, NY are 118.2% higher than in Toronto | |
| Restaurant Prices in New York, NY are 50.6% higher than in Toronto | |
| Groceries Prices in New York, NY are 39.3% higher than in Toronto | |
| Local Purchasing Power in New York, NY is 0.6% higher than in Toronto | |
Restaurants | Toronto Edit |
New York, NY Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
25.00 C$ (18.21 $) |
41.18 C$ (30.00 $) |
+64.7 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
120.00 C$ (87.43 $) |
178.44 C$ (130.00 $) |
+48.7 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
15.00 C$ (10.93 $) |
16.47 C$ (12.00 $) |
+9.8 % |
| Domestic Beer (1 pint draught) |
8.00 C$ (5.83 $) |
10.98 C$ (8.00 $) |
+37.3 % |
| Imported Beer (12 oz small bottle) |
10.00 C$ (7.29 $) |
15.10 C$ (11.00 $) |
+51.0 % |
| Cappuccino (regular) |
5.44 C$ (3.96 $) |
7.84 C$ (5.72 $) |
+44.3 % |
| Coke/Pepsi (12 oz small bottle) |
2.96 C$ (2.15 $) |
4.35 C$ (3.17 $) |
+47.3 % |
| Water (12 oz small bottle) |
2.22 C$ (1.62 $) |
3.20 C$ (2.33 $) |
+44.3 % |
Markets | Toronto Edit |
New York, NY Edit | |
| Milk (regular), (1 gallon) |
15.77 C$ (11.49 $) |
7.75 C$ (5.65 $) |
-50.8 % |
| Loaf of Fresh White Bread (1 lb) |
3.46 C$ (2.52 $) |
6.02 C$ (4.39 $) |
+73.8 % |
| Rice (white), (1 lb) |
2.11 C$ (1.54 $) |
4.67 C$ (3.40 $) |
+121.1 % |
| Eggs (regular) (12) |
4.84 C$ (3.53 $) |
7.16 C$ (5.22 $) |
+47.9 % |
| Local Cheese (1 lb) |
7.13 C$ (5.20 $) |
10.49 C$ (7.64 $) |
+47.1 % |
| Chicken Fillets (1 lb) |
7.80 C$ (5.68 $) |
9.52 C$ (6.93 $) |
+22.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8.92 C$ (6.50 $) |
12.34 C$ (8.99 $) |
+38.3 % |
| Apples (1 lb) |
2.42 C$ (1.76 $) |
4.26 C$ (3.10 $) |
+76.2 % |
| Banana (1 lb) |
0.94 C$ (0.69 $) |
1.30 C$ (0.95 $) |
+38.4 % |
| Oranges (1 lb) |
2.50 C$ (1.82 $) |
3.47 C$ (2.53 $) |
+38.5 % |
| Tomato (1 lb) |
2.29 C$ (1.67 $) |
4.02 C$ (2.93 $) |
+75.5 % |
| Potato (1 lb) |
1.64 C$ (1.20 $) |
2.48 C$ (1.81 $) |
+50.8 % |
| Onion (1 lb) |
1.74 C$ (1.27 $) |
2.32 C$ (1.69 $) |
+33.2 % |
| Lettuce (1 head) |
3.15 C$ (2.29 $) |
4.05 C$ (2.95 $) |
+28.5 % |
| Water (1.5 liter bottle) |
2.49 C$ (1.81 $) |
3.35 C$ (2.44 $) |
+34.7 % |
| Bottle of Wine (Mid-Range) |
19.00 C$ (13.84 $) |
27.45 C$ (20.00 $) |
+44.5 % |
| Domestic Beer (0.5 liter bottle) |
3.49 C$ (2.54 $) |
3.47 C$ (2.53 $) |
-0.5 % |
| Imported Beer (12 oz small bottle) |
3.82 C$ (2.78 $) |
5.29 C$ (3.86 $) |
+38.6 % |
| Cigarettes 20 Pack (Marlboro) |
20.00 C$ (14.57 $) |
23.33 C$ (17.00 $) |
+16.7 % |
Transportation | Toronto Edit |
New York, NY Edit | |
| One-way Ticket (Local Transport) |
3.35 C$ (2.44 $) |
3.98 C$ (2.90 $) |
+18.8 % |
| Monthly Pass (Regular Price) |
156.00 C$ (113.65 $) |
181.18 C$ (132.00 $) |
+16.1 % |
| Taxi Start (Normal Tariff) |
5.00 C$ (3.64 $) |
6.86 C$ (5.00 $) |
+37.3 % |
| Taxi 1 mile (Normal Tariff) |
2.82 C$ (2.05 $) |
4.80 C$ (3.50 $) |
+70.6 % |
| Taxi 1hour Waiting (Normal Tariff) |
31.00 C$ (22.58 $) |
46.67 C$ (34.00 $) |
+50.5 % |
| Gasoline (1 gallon) |
6.13 C$ (4.46 $) |
5.29 C$ (3.85 $) |
-13.7 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
34,350.00 C$ (25,025.50 $) |
48,041.00 C$ (35,000.00 $) |
+39.9 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
31,263.32 C$ (22,776.71 $) |
38,922.62 C$ (28,356.86 $) |
+24.5 % |
Utilities (Monthly) | Toronto Edit |
New York, NY Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
159.92 C$ (116.51 $) |
257.85 C$ (187.85 $) |
+61.2 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
64.38 C$ (46.91 $) |
93.57 C$ (68.17 $) |
+45.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
73.64 C$ (53.65 $) |
98.58 C$ (71.82 $) |
+33.9 % |
Sports And Leisure | Toronto Edit |
New York, NY Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
72.29 C$ (52.66 $) |
203.08 C$ (147.95 $) |
+180.9 % |
| Tennis Court Rent (1 Hour on Weekend) |
29.11 C$ (21.21 $) |
127.82 C$ (93.12 $) |
+339.1 % |
| Cinema, International Release, 1 Seat |
18.00 C$ (13.11 $) |
27.45 C$ (20.00 $) |
+52.5 % |
Childcare | Toronto Edit |
New York, NY Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,563.31 C$ (1,138.94 $) |
4,287.39 C$ (3,123.56 $) |
+174.3 % |
| International Primary School, Yearly for 1 Child |
24,966.43 C$ (18,189.15 $) |
79,610.80 C$ (58,000.00 $) |
+218.9 % |
Clothing And Shoes | Toronto Edit |
New York, NY Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
84.31 C$ (61.42 $) |
99.07 C$ (72.17 $) |
+17.5 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
51.31 C$ (37.38 $) |
66.21 C$ (48.24 $) |
+29.0 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
138.55 C$ (100.94 $) |
138.95 C$ (101.23 $) |
+0.3 % |
| 1 Pair of Men Leather Business Shoes |
166.74 C$ (121.47 $) |
232.09 C$ (169.09 $) |
+39.2 % |
Rent Per Month | Toronto Edit |
New York, NY Edit | |
| Apartment (1 bedroom) in City Centre |
2,520.23 C$ (1,836.10 $) |
5,770.17 C$ (4,203.82 $) |
+129.0 % |
| Apartment (1 bedroom) Outside of Centre |
2,235.42 C$ (1,628.60 $) |
3,974.09 C$ (2,895.30 $) |
+77.8 % |
| Apartment (3 bedrooms) in City Centre |
4,495.16 C$ (3,274.92 $) |
12,050.11 C$ (8,779.04 $) |
+168.1 % |
| Apartment (3 bedrooms) Outside of Centre |
3,645.36 C$ (2,655.80 $) |
6,348.53 C$ (4,625.19 $) |
+74.2 % |
Buy Apartment Price | Toronto Edit |
New York, NY Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,303.09 C$ (949.36 $) |
2,347.65 C$ (1,710.37 $) |
+80.2 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,019.91 C$ (743.05 $) |
1,568.54 C$ (1,142.75 $) |
+53.8 % |
Salaries And Financing | Toronto Edit |
New York, NY Edit | |
| Average Monthly Net Salary (After Tax) |
4,570.40 C$ (3,329.74 $) |
8,103.26 C$ (5,903.58 $) |
+77.3 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.53 | 6.74 | +3.3 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 769 | 491 |
Moving to Toronto? Explore:
Moving to New York, NY? Explore:
Cities near Toronto: | Cost of Living in Vaughan | 16.10 miles |
| Cost of Living in Richmond Hill | 22.87 miles |
| Cost of Living in Oakville | 25.57 miles |
| Cost of Living in Brampton | 27.62 miles |
| Cost of Living in Whitby, ON | 33.84 miles |
| Cost of Living in Burlington | 34.94 miles |
| Cost of Living in Oshawa | 35.88 miles |
| Cost of Living in Hamilton | 44.17 miles |
| Cost of Living in Guelph | 58.38 miles |
| Cost of Living in Cambridge | 60.12 miles |
Cities near New York, NY: | Cost of Living in Jersey City, New Jersey | 4.58 miles |
| Cost of Living in East Rutherford, New Jersey | 10.01 miles |
| Cost of Living in Rutherford, New Jersey | 10.22 miles |
| Cost of Living in Newark, New Jersey | 11.63 miles |
| Cost of Living in Paterson, New Jersey | 17.95 miles |
| Cost of Living in Bergen County, New Jersey | 20.13 miles |
| Cost of Living in Hempstead, New York | 22.26 miles |
| Cost of Living in West Caldwell, New Jersey | 23.56 miles |
| Cost of Living in Woodbridge, New Jersey | 25.26 miles |
| Cost of Living in Parsippany-Troy Hills, New Jersey | 30.18 miles |